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Tag: South America

Tanner Servicios Financieros Secures $40M IFC Investment to Drive Expansion

Banking Laura M -
Chilean financial institution Tanner Servicios Financieros has secured a $40 million investment from the International Finance Corporation (IFC),...

BCP Invests $650 Million in Hybrid Cloud Modernization with Microsoft and Kyndryl

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Banco de Crédito del Perú (BCP) is launching a $650 million investment to modernize its systems using hybrid...

New digital wallet Kuady launches in several LatAm markets powered by Mambu

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Launch: Open Payment Technologies has launched Kuady, a digital wallet app, in Peru, Chile, Argentina, and Mexico, aimed...

Aleph acquires majority stake in Argentinian PSP Localpayment

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Aleph Holding has acquired a controlling equity interest in Localpayment, an Argentinian payment service provider focused on emerging...

ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more

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ICYMI Funding Round-Up Summary: Cardea Corporate Holdings: Secured $15 million in convertible note financing. Funds will be used for...

Nium looks to expand presence in LatAm with new licence applications

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Licence Applications: Nium is applying for a Payment Institution licence in Brazil to offer extended payment services, including...

Mexico’s Stori lands $212m in mix of equity and debt financing

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Funding Secured: Mexican fintech unicorn Stori has secured $212 million in a combination of equity and debt financing. ...

Nuvei set to obtain licence in Brazil with proposed acquisition of Pay2All

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Acquisition Agreement: Canadian payments processor Nuvei has agreed to acquire Pay2All to strengthen its position in the Brazilian...

Credicorp Capital in Peru goes live with Temenos’ Multifonds

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Here are the key points regarding Credicorp Capital’s implementation of Temenos’ Multifonds platform: Deployment: Credicorp Capital has launched the...

Alt.bank in Brazil migrates novücard credit card infrastructure to Visa’s Pismo

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Alt.bank Migrates novücard Credit Card to Pismo's Core Banking Platform Key Points: Migration Details: Fintech: Brazilian fintech alt.bank. Product: novücard...

Brazil’s Matera lands $100m investment from Warburg Pincus

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Summary of Matera's $100 Million Investment from Warburg Pincus Investment Details: Total Amount: $100 million. Investor: Warburg Pincus, a...

Digital challenger Inter promotes SVP Alexandre Riccio to Brazil CEO

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Summary of Inter's Leadership Changes and Strategy Leadership Appointment: New CEO: Alexandre Riccio appointed as CEO for Brazil. Focus...

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OCC Launches AWS GenAI Technology for Enhanced Financial Services

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Revolutionizing transaction processing in the financial industry with AI...

Bitcoin Dip: Cryptocurrencies Suffer $2 Billion Liquidation Losses

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Market turmoil triggers significant sell-offs in digital currencies. Highlights: Bitcoin...

UK Government Unveils Billions in AI Investment Ahead of Budget Announcement

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Strategic funding to bolster the UK's AI sector and...

4 Essential Insights into Stablecoins You Need to Know

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Explore the key aspects driving the growth of stablecoins...

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